Nifty rangebound within 5325 - 5400 range !

by Dean Market Profile on Wednesday, February 08, 2012 in Elliott Wave, Indices, Nifty

Hourly Chart

Nifty is range bound in the 5325 - 5400 range. Once prices break out from this range we may see 5520 - 5640 - 5700. If we break down we may correct till 5075 levels.

About Dean Market Profile
Dean is a fulltime trader for last 13 years. He is passionate about technical analysis. His instruments of choice are Nifty and banknifty futures and options. His main analysis and trading tools include advanced techniques like Market Profile, Voilume Spread Analysis and Order FLow Analysis. Dean is a teacher at heart and loves sharing his learnings with committed traders. You can check out his courses here...

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Wednesday, February 08, 2012

Nifty rangebound within 5325 - 5400 range !

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